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84 | Navigating Payroll Pitfalls with Get Payroll Founder Charles Read
Manage episode 442194037 series 3527009
Rodric Lenhart द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Rodric Lenhart या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
In this episode of The Million Dollar Flip Flops Podcast, Rodric Lenhart sits down with Charles Read, President and CEO of Get Payroll. Charles, a seasoned CPA and U.S. Tax Court practitioner, talks about the common pitfalls around payroll and compliance, revealing how businesses can navigate a changing landscape.
Charles discusses the recent rule changes affecting independent contractors, the political influences on these regulations, and the potential impact on businesses. He also highlights the common mistakes in payroll processing - such as misclassification - that can lead to costly penalties.
What You’ll Hear in This Episode:
- The potential impact of regulatory changes on the gig economy
- Key payroll pitfalls and how to avoid them
- Why accurate payroll processing is crucial to avoid penalties
- The importance of professional payroll services for business owners
- Some of the common hiring mistakes that can land you in hot water
Quote:
"You’re a successful businessman... but when the IRS comes calling, you’re Beckham at second base. You’re out of your league."
– Charles Read
Guest Links:
Resources:
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Take the quiz now: https://milliondollarflipflops.com/quiz/
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